Kochi gets to keep its IPL spot

The Board of Control for Cricket in India (BCCI) on Sunday approved the new corporate ownership structure of the beleaguered Kochi franchise and allowed it to participate in the fourth season of the Indian Premier League (IPL), scheduled to take place in April-May.

“At their meeting today (Sunday), the IPL governing council confirmed that the Kochi franchisee had satisfactorily responded to the notice issued to them by the BCCI, and decided that the franchisee Kochi Cricket Pvt. Ltd would play in the IPL from 2011 onwards," BCCI secretary N. Srinivasan said in a statement.

Five investors in the Kochi franchise were locked in a dispute with Rendezvous Sports World Pvt. Ltd over control of the franchise and sweat equity.